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2017-11-29 07:42:41

UNH

UnitedHealth

$216.14

3.74 (1.76%)

07:42

11/29/17

11/29

07:42

11/29/17

07:42

UnitedHealth price target raised to $225 from $215 at Oppenheimer

Oppenheimer analyst Michael Wiederhorn raised his price target for UnitedHealth to $225 from $215 on "strong" 2018 outlook driven by Medicare growth. The analyst reiterates an Outperform rating on the shares.

UNHUnitedHealth

$216.14

3.74 (1.76%)

11/06/17

WBLR

11/06/17NO CHANGEWBLROutperform

Tivity Health selloff today a buying opportunity, says William Blair

William Blair views today's pullback in shares of Tivity Health (TVTY) as overdone and recommends buying the shares at current levels. While the news from UnitedHealth (UNH) represents lost contracts, management has been aware of this since June, the firm tells investors. It notes Tivity successfully extended its contract with UnitedHealth this year.

11/06/17

OPCO

11/06/17NO CHANGEOPCO

Tivity Health oversold on UnitedHealth news, says Oppenheimer

Oppenheimer analyst Mohan Naidu views Tivity Health (TVTY) as oversold after UnitedHealth (UNH) said its Optum Fitness Advantage program will be available, at no additional cost, to Individual Medicare Advantage plans members in 11 states, starting January 2018. The analyst believes this is only for the individual market and that Tivity's SilverSneakers will be available for all group members. Further, he notes that Tivity management confirmed that their initial 2018 guidance already contemplates the impact of the UnitedHealth rollout. While it is possible that the Optum Fitness introduction is a precursor to a broader program, SilverSneaker's name and trust drives a lot of enrollment decisions and will likely be a deciding factor in the expansion of this new offering, Naidu tells investors in an intraday research note. Tivity Health is down 31%, or $14.70, to $33.35 in afternoon trading.

11/07/17

BRRR

11/07/17NO CHANGETarget $40BRRROutperform

Tivity Health price target lowered to $40 from $46 at Barrington

Barrington analyst Michael Petusky lowered his price target for Tivity Health (TVTY) to $40 after UnitedHealth (UNH), which represents about 15%-17% of Tivity's overall revenue, disclosed that it would be competing with the company's SilverSneakers program in 11 states as of January 1, 2018. Based on the analyst's conversation last night with management, he still suspects UnitedHealth will continue to be a material customer of Tivity through at least the end of the contract in 2020. Petusky cations, however, that he has no real clarity on how much additional business could transition to United's internal offering beyond 2018. He maintains an Outperform rating on Tivity Health.

11/20/17

WELS

11/20/17NO CHANGEWELS

Wells Fargo dropping coverage of The Advisory Board

Wells Fargo is dropping equity research coverage of Advisory Board (ABCO) to reflect the completion of the acquisition of the company on November 17. The education business was acquired by private equity firm Vista, while the company's healthcare business was acquired by UnitedHealth (UNH).

Snap Inc. (SNAP) is banning ads of initial coin offerings in its Snapchat app, Cheddar reports, citing a company spokesperson. The decision makes Snapchat the latest social media platform to prohibit advertisements for cryptocurrency ICOs, the report says. In contrast to Facebook (FB) and Google (GOOG), however, Snap's current block of ICOs has been in effect since early February and does not apply to different kinds of cryptocurrency ads, the report says. Reference Link

Airbus (EADSY) is mulling making a freighter version of its slow-selling A330neo widebody, spurred by requests from potential customers Amazon (AMZN) and UPS (UPS), Bloomberg reports, citing people familiar with the matter. The interest from Amazon and UPS could incite a competition between Airbus and rival Boeing (BA) as the worldwide air-cargo market rebounds from a slump, the report notes.

Facebook's chief information security officer, Alex Stamos, will leave the company after internal disagreements over how the social network should deal with its role in spreading disinformation, The New York Times reports, citing current and former employees briefed on the matter. Reference Link

Amazon has considered the possibility of expanding its retail footprint by acquiring some stores from bankrupt Toys 'R' Us, Bloomberg reports, citing people with knowledge of the situation. The e-commerce giant is not interested in maintaining the Toys 'R' Us brand, but has mulled using the soon-to-be-vacant stores for its own purposes, the report says. Reference Link

President Trump is readying to place a package of $60B in annual tariffs against China, following through on a long-time threat that he claims will punish China for IP infringement and create more jobs in the U.S., the Washington Post reports. The tariff package, which the president intends to unveil by the end of the week, was confirmed by four senior administration officials, the report notes. Senior aides has presented Trump with a $30B tariff package that would apply to a variety of products, but the president directed them to approximately double the amount of new trade levies, the report says. The package could be applied to over 100 products, which the president contends were made by using trade secrets that the Chinese stole from U.S. companies or forced them to hand over in exchange for market aces, the report says. Reference Link